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Airbus’s annual profit falls on a350 costs, a320neo holdups

  Bloomberg Airbus Group SE booked new charges against the delayed A400M military-transport plane and warned that cost overruns will extend into 2018 at least, overshadowing company forecasts for increased earnings this year. Europe’s biggest planemaker announced a 2.2 billion-euro ($2.3 billion) hit to cover the cost of the latest glitches to afflict the troubled troop carrier and asked government ...

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SpiceJet says $85bn plane orders still not enough

  Bloomberg India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd., a budget carrier, says that’s still not enough to meet demand. SpiceJet, which last month ordered as many as 205 Boeing Co. jets worth $22 billion, is being rather conservative with its purchases, the carrier’s chairman Ajay Singh told a Bloomberg ...

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McDonald’s to cut prices on drinks

  Bloomberg McDonald’s Corp., reeling from an industrywide restaurant slump and slowing growth from its all-day breakfast push, is looking to beverages to help perk up the business. The world’s biggest food-service company, which last year focused its advertising on cheeseburgers and chicken sandwiches, plans to offer $1 sodas and $2 McCafe specialty drinks across the U.S. It’s turning to ...

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